We probably should enjoy the earnings rally. After earnings are out, beware September/October,,,,,,,
Dr. Wish
Interest rates and banks rise; 9th day of $QQQ short term up-trend
The 20 yr treasury bond ETF, TLT, swooned on Tuesday, a move to higher rates. Banks showing strength. One can earn dividends as move develops.
8th day of $QQQ short term up-trend; GLB for IPO $GEMP
GEMP is a picture perfect chart of how Jesse Livermore said to trade an IPO. Wait for an IPO to build a base and then push through to an all-time high. GEMP topped out at 13.98 in September, 2016. It then declined to 7.25 and went sideways for a while. In mid-July GEMP broke its green line top (GLB) to an all-time high on above average volume. I had programmed TC2000 to alert me as soon as GEMP traded above its green line. It did and I checked the volume buzz and jumped on….
